Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) Sees Significant Decrease in Short Interest

Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIVGet Free Report) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 114 shares, a drop of 68.1% from the July 30th total of 357 shares. Based on an average daily volume of 1,486 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Global X S&P 500 Quality Dividend ETF Stock Performance

Shares of QDIV stock opened at $41.05 on Thursday. Global X S&P 500 Quality Dividend ETF has a 52-week low of $33.56 and a 52-week high of $41.30. The company has a 50-day simple moving average of $38.98 and a two-hundred day simple moving average of $37.79. The company has a market capitalization of $31.20 million, a price-to-earnings ratio of 15.17 and a beta of 0.67.

Institutional Trading of Global X S&P 500 Quality Dividend ETF

Hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in shares of Global X S&P 500 Quality Dividend ETF during the 2nd quarter worth approximately $1,257,000. Susquehanna International Group LLP grew its holdings in Global X S&P 500 Quality Dividend ETF by 102.3% during the third quarter. Susquehanna International Group LLP now owns 15,810 shares of the company’s stock valued at $556,000 after purchasing an additional 7,994 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Global X S&P 500 Quality Dividend ETF by 22.0% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,605 shares of the company’s stock worth $1,206,000 after buying an additional 6,420 shares during the last quarter. Harbour Investments Inc. raised its stake in shares of Global X S&P 500 Quality Dividend ETF by 8.0% in the fourth quarter. Harbour Investments Inc. now owns 68,528 shares of the company’s stock valued at $2,390,000 after buying an additional 5,095 shares during the period. Finally, Bank of America Corp DE purchased a new position in shares of Global X S&P 500 Quality Dividend ETF during the 2nd quarter valued at $53,000.

Global X S&P 500 Quality Dividend ETF Company Profile

(Get Free Report)

The Global X S&P 500 Quality Dividend ETF (QDIV) is an exchange-traded fund that is based on the S&P 500 Quality High Dividend index. The fund tracks an index of equal-weighted US large-cap stocks selected from the S&P 500 Index based on quality and dividend metrics. QDIV was launched on Jul 13, 2018 and is managed by Global X.

Further Reading

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